The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1887-09-22
9lle gerald anil 0elrs*
PUBLISHED
EVERY THURSDAY AT
NEWBERRY, S. c.
FAT SOUTHERN PURSES.
That is What the New Workers are
Talking About
Ne1c York Times.

trip through the industrial sections
Of the South. lie is one of an army |
of New Workers who have backed up |
their faith in the new south by in
vesting largely in land here and in
iron furnaces and shops. His trip |
was prompted largely by dismal re-
ports that were distributed here as
to set.backs suffered by the striving
southern enterprises; be wanted to
see personally just how much truth |
there was in the circulating tales
that had scared a good many others
who, like himself, had vested inter
ests in Dixie.
Il was told,' he said yesterday,
that such q state of dullness had
overtaken everything in the south
that all strides forward had been
more than offset. Money invested
in southern projects, it was insisted,
was just so much sunk-lost alto.
gether. And I went down into Ten
nessee, Georgia and Alabama ex-
pecling to find pretty much everything
at stand.still and the people gene
rally deep in the dumps. didn't
find any such condition. There
is 10 backward tendency anywhere.
No people were ever more hopeful.
Everybody is confident of the future,
and with no fault t., find Of the
present.
at has been my custom for years"
lie went On, ito make trip south at
east semi-annually. Never before
have seen such widespread tokens
Of prosperity as are noticeable in
every community. If all the south's
progress and commercial life, how
ever, were held to be centred in the
sale of corner lots there, perhaps, the
south has retrograded somewhat.
There is less to be seen of the obtru-
sive real estate agent than hitherto.
But it is queer sort Of business
man, take it, who can discover in
this fact any symptoms of weakness.
Booming isn't what the south has
wanted most; boomers are not what
the south's best friends have wanted
to invest her with. What those friends
have sought for her she maintains.
New factories are opening, new cap
ital is invested, immigrants of the
best character have come to the
towns where business is. Croakers
who are talking down the south take
big chances on public credulity.
''My trip took me. among other
places, to Knoxville, Chattanooga,
Rome, Atlanta, Montgomery; Annis-
ton, Birmingham and Decatur. In
the Tennessee cities, instead of a
halt in industrial and commercial
progress. there is marked advance
ment. Right through midsummer
the investing Of capital in new enter.
: prises has gone On not only without
Interruption, but ct q marvellous
pace. At Admission some fresh en-
terprise of consequence has marked
the advent Of each successive week.
Birmingham has lost much of the
szassllsai saaaiiaballo7 of her estate agency
period, but for each corner lot boom
er lost, two strong conservative busi-
ness men have been substituted.
Montgomery has given up not one
whit of her alertness. Decatur main
tains all the vim and go.aheaditive-
ness that Major Gordon and Judge
Bond baptized her with. Dissatis.
faction; disappointment, hesitation or
doubt as to the future can be found
nowhere.
The southern people now are on
the eve Of collecting pay for the big
gest cotton crop that they have ever
raised. There are fewer debts in the
south to-day than at any time since
the war. There is more popular con
fidence than has been known. tell
you the people are going to have
fatter purses this fall than Dixie ever
hitherto has dreamed of. Instead of
backward steps the new south is just
taking on the full strength of its de.
velopment. And this money, made
in the south, is going to he spent in
the south. There is coming boom
Gf that word be taken in its brosdest
sense) which is going to be immcas-
urably greater and mightier than any
and all that have preceded it,
These assertions from this New
Yorker are in precisely the same
spirit of statements made by proml-
nent southerners who are now north.
All agree that the new south has all
its vitality, enterprise and push we'll
in hand, unimpaired and ready for a
bigger boom than ever as soon as the
~cotton crop begins to make cash re-
Sarns.
0ne gentleman who has given
much thoughtful attention to recent
southern progress-he is a member
Of the New York stock exchange and
is an investor in various southern en-
tarDriSpc-mokes Stofcnopt of oon